Does crypto bring more risk than benefit?

[yousufatik]

Central bank Governor of Spain has told the cryptos bring more risk than the benefits to get. but I believe on more risk more gain theory. If you can not trust crypto, you will not be able to see its value. Risk is associated with all kinda business. It just has to be calculated properly that which one would be profitable for you.

Please share your thoughts in favor of mine statement or against.

[Bit]

I am not surprised if central bank Governor of Spain said about that. Many government in the world doesn't agree with cryptocurrency. I don't know why they are so afraid. In my personal opinion, cryptocurrency has more benefits and little of risk if people can understand well about its characteristics. Just don't believe with the statement and look at the fact. 

[Pupus]

I think it all depends on how people use cryptocurrency. if we can use it well then we will benefit. but if not, we will only suffer the big losses.

[TripleVodka]

Central bank Governor of Spain has told the cryptos bring more risk than the benefits to get. but I believe on more risk more gain theory. If you can not trust crypto, you will not be able to see its value. Risk is associated with all kinda business. It just has to be calculated properly that which one would be profitable for you.

Please share your thoughts in favor of mine statement or against.

I think the Central Bank Governor says like that maybe because they feel if cryptos will rival them, if many peoples choose crypto as investment, store their money at the crypto, Bank will be get little invesment and Bank will be get little profit.
I'm really don't agree if the Governor says like that, everything if we can't use, it will be bring bad effect to the users, that like play in crypto, if we can use crypto to make a money, believe me if that will give you big profit.
Because the Bank is legal and crypto illegal in some countrys, that is make a peoples still can't believe with crypto and maybe they thinking if crypto is danger for them.

[bdamenaakter]

At times like this, it is really giving risks. The market becomes more complicated  this year. After continuous pumps last year on the prices of the cryptos, this year, tables have been turned and continuous downtrend took place. Many people are now losing profit and are confused whether to cut their lose already or to still hold at times like this. This is a risk for everyone since there's no assurance of recovery.

[sandonbadi]

nor do all the risks and benefits depend on the user, in doing business there are certainly risks and benefits, if some countries reject crypto it is not because of risk factors there are certainly other factors

[Zyarifa]

I personally disagree if Crypto has more risks than benefits, until now Crypto has benefited many users because there are so many people who get additional benefits from Crypto

[TERMINO]

More risk more gain.
No pain no gain.
The preparation and result is necessary. There should have relation in preparation for the better result.

[bdsharminsoltana]

Opposite belief, for me crypto offers more oppurtunity to gain profit than the risk. If you are smart enough in this field. Have sufficient knowledge to decide a good decision then you will win for sure. Crypto is an easy money that someone can earn even multiple times of his investment. Really can create a huge amount of money just by a good researcher.

[Zed0X]

Central bank Governor of Spain has told the cryptos bring more risk than the benefits to get. but I believe on more risk more gain theory. If you can not trust crypto, you will not be able to see its value. Risk is associated with all kinda business. It just has to be calculated properly that which one would be profitable for you.

Please share your thoughts in favor of mine statement or against.

You would expect such comment from someone working in a bank. We, from crypto community, definitely disagree.
What were the risk he mentioned? Surely there are risk but not greater than the benefits.

[ayatoslaw]

Indeed, what the Spanish central bank governor said, cryptocurrency does have benefits and risks, both of which can only be measured to what extent we understand it.
because basically business is a risk, so you want to be rich with risk, or want to be safe but do nothing.

[jet]

Risk is always their they are equal to opportunity. Taking the risk would simply getting the benefits. If you take no risk then cryptocurrency is not your friend. Risk taker are the one who wins in this kind of battle.

[bagas79]

I think all the risks are in everything. It just so happens that cryptocurrency does have a higher risk. Investing and trusting in cryptocurrency will give you big profits and can also be a big loss. But the risk is not only in the world of cryptoccurency in any business, it is risky.

[bhm45]

risks and benefits will depend on how in using it. When utilizing the crypto as it does for investment and trade then it could be promising. but when it is used as the black market in selling weapons to the war then it will be bad. especially when a lot of people who were exposed to loss due to fluctuations of crypto then it will make the risk too. but it will depend on how the strategy plays in crypto.

[kenning]

Central bank Governor of Spain has told the cryptos bring more risk than the benefits to get. but I believe on more risk more gain theory. If you can not trust crypto, you will not be able to see its value. Risk is associated with all kinda business. It just has to be calculated properly that which one would be profitable for you.

Please share your thoughts in favor of mine statement or against.

Risk is present any moment anywhere, you must be clear of what you are doing to lessen the risk that you are taking, crypto brings more benefits than risk for me. The only risk is the volatile crypto market but if you do your homework well and invest cautiously this risk can be lessen by a great amount.